RBI Governor to meet private bank CEOs on credit, liquidity concerns

Transmission of interest rates, sectoral concerns to figure in talks end-July

The Reserve Bank of India (RBI) Governor Shaktikanta Das is to hold a meeting with the chief executive officers of private sector banks in the last week of July on credit and liquidity concerns. The meeting, tentatively slotted for July 25 or July 26, is also expected to discuss the transmission of interest rates and non-performing assets, even as it takes up issues with regard to specific sectors such as non-banking financial companies (NBFCs) and realty.

The overarching talking point will be the reluctance on the part of private banks to loosen their purse strings and increase lending substantially, even